"This is really a platform shift. This is more than just the advancements of technology, I think it sets like a whole new paradigm for what's possible." So states Kirsten Green, founder of Forerunner Ventures, a legendary consumer VC firm, in a recent conversation with Garry Tan, President & CEO of Y Combinator, on the "Main Function" series. Their discussion illuminated the transformative potential of artificial intelligence for consumer products, emphasizing that while the technology is groundbreaking, the enduring principles of building great businesses remain steadfast.
Green, known for backing iconic brands from Warby Parker to Dollar Shave Club, underscored a foundational truth: product still wins. Amidst the allure of marketing hacks and viral campaigns, she advises founders to "nail your product." In an increasingly crowded digital landscape, the core question is not how to market, but "Why do they need your product? Why are they going to come back to your product?" The answer lies in delivering something truly outstanding that genuinely meets a human need, making the consumer's choice to engage an organic one.
